Telephonics Wins First Prize in the United States Navy's MUX Prize Challenge
Griffon Corporation (GFF)
Last griffon corporation earnings: 4/28 04:05 pm
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Source: PR Newswire
FARMINGDALE, N.Y., Jan. 14, 2020 /PRNewswire/ -- Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE: GFF), announced today that it has been awarded first place in the United States Navy's Marine Air/Ground Task Force, Unmanned Aerial System, Expeditionary (MUX) Airborne Early Warning (AEW) Payload prize challenge with its submission of a MOSAIC® Active Electronically Scanned Array (AESA) based radar. The prize challenge was established as an innovative solution to deliver the MUX to the Marines sooner, while providing the best performance per dollar of investment. MOSAIC is an innovative and advanced multi-function radar system, with a tile based design allowing for multiple independent radar apertures to be installed on the MUX aircraft. Each aperture is independently controlled and can perform multiple mode operations simultaneously through use of its true dual beam technology. MOSAIC completed more than 60 hours of flight time on fixed-and rotary-wing
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News
- Griffon Co. (NYSE: GFF) had its price target raised by analysts at Stephens from $85.00 to $100.00. They now have an "overweight" rating on the stock.MarketBeat
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- Griffon Announces New $400 Million Share Buyback Authorization [Yahoo! Finance]Yahoo! Finance
- Griffon Corporation Announces Annual and Fourth Quarter ResultsBusiness Wire
- Griffon Announces New $400 Million Share Buyback AuthorizationBusiness Wire
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